TOP CREATIF: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
TOP CREATIF
Largest movements
- Receivables within one year -€140,655
down €140,655 (-65.9%), from €213,346 to €72,691
of which Trade receivables: -€128,418
- Trade debts -€106,149
down €106,149 (-85.6%), from €123,998 to €17,848
of which Suppliers: -€106,149
- Debts after one year -€22,307
down €22,307 (-7.0%), from €317,928 to €295,621
- Tax, wage and social debts -€10,447
no longer reported in 2024 (was €10,447)
- Other debts -€8,901
down €8,901 (-21.5%), from €41,357 to €32,456
- Current portion of long-term debt +€7,426
up €7,426 (+51.2%), from €14,500 to €21,926
- Gross operating margin -€24,592
down €24,592 (-44.1%), from €55,798 to €31,206
- Turnover -€14,791
down €14,791 (-8.4%), from €176,147 to €161,356
- Depreciation -€11,195
down €11,195 (-56.5%), from €19,820 to €8,625
- Purchases and services +€9,801
up €9,801 (+8.1%), from €120,349 to €130,150
- Other operating charges -€4,174
down €4,174 (-88.1%), from €4,737 to €563
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €615,626 | €468,479 | -€147,147 | -23.9% |
| Fixed assets | 21/28 | €391,401 | €385,707 | -€5,694 | -1.5% |
| Tangible fixed assets | 22/27 | €391,401 | €385,707 | -€5,694 | -1.5% |
| Land and buildings | 22 | €370,857 | €362,262 | -€8,595 | -2.3% |
| Furniture and vehicles | 24 | €20,544 | €23,445 | +€2,901 | +14.1% |
| Current assets | 29/58 | €224,225 | €82,772 | -€141,453 | -63.1% |
| Amounts receivable within one year | 40/41 | €213,346 | €72,691 | -€140,655 | -65.9% |
| Trade receivables | 40 | €191,285 | €62,867 | -€128,418 | -67.1% |
| Other amounts receivable | 41 | €22,061 | €9,824 | -€12,237 | -55.5% |
| Cash at bank and in hand | 54/58 | €10,879 | €10,081 | -€798 | -7.3% |
| Total equity and liabilities | 10/49 | €615,626 | €468,479 | -€147,147 | -23.9% |
| Equity | 10/15 | €96,538 | €92,227 | -€4,311 | -4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,478 | €84,167 | -€4,311 | -4.9% |
| Amounts payable | 17/49 | €519,088 | €376,252 | -€142,836 | -27.5% |
| Amounts payable after more than one year | 17 | €317,928 | €295,621 | -€22,307 | -7.0% |
| Financial debts | 170/4 | €317,928 | €295,621 | -€22,307 | -7.0% |
| Amounts payable within one year | 42/48 | €190,302 | €72,230 | -€118,072 | -62.0% |
| Current portion of amounts payable after more than one year | 42 | €14,500 | €21,926 | +€7,426 | +51.2% |
| Trade debts | 44 | €123,998 | €17,848 | -€106,149 | -85.6% |
| Suppliers | 440/4 | €120,998 | €14,848 | -€106,149 | -87.7% |
| Bills of exchange payable | 441 | €3,000 | €3,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €10,447 | - | -€10,447 | |
| Taxes | 450/3 | €10,447 | - | -€10,447 | |
| Other amounts payable | 47/48 | €41,357 | €32,456 | -€8,901 | -21.5% |
| Accrued charges and deferred income | 492/3 | €10,858 | €8,401 | -€2,457 | -22.6% |
| Turnover | 70 | €176,147 | €161,356 | -€14,791 | -8.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €120,349 | €130,150 | +€9,801 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,820 | €8,625 | -€11,195 | -56.5% |
| Other operating charges | 640/8 | €4,737 | €563 | -€4,174 | -88.1% |
| Gross operating margin | 9900 | €55,798 | €31,206 | -€24,592 | -44.1% |
| Operating profit (loss) | 9901 | €31,242 | €22,018 | -€9,223 | -29.5% |
| Financial charges | 65/66B | €25,623 | €22,205 | -€3,418 | -13.3% |
| Recurring financial charges | 65 | €25,623 | €22,205 | -€3,418 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €5,619 | -€187 | -€5,806 | |
| Income taxes | 67/77 | - | €4,124 | +€4,124 | |
| Profit (loss) for the period | 9904 | €5,619 | -€4,311 | -€9,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,619 | -€4,311 | -€9,930 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.